The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1887-11-12
PLANS FOR SUPPLYING GAS
The Indianapolis Company Likely to
Furnish the Fuel at Ordinance Rates.
and the Company's Operations Enlarged
Large Subscriptions to the Trust.

The natural ras enterprises, yesterday
showed considerable activity in financial way
Since it's large deal the Indianapolis company
has been devoting ITS time to plans for market
ing the gas when IL is brought 10 the city limit
OF course. this involved to a great degree a con-
sideration OF the ordinance. and as has been
stated The conclusion was reached that the ordi-
nance rates would be accepted contingeut on the
supply and pipe lice proving what the company
expects. If either fails TO reach this expecta-
ton then the ordinance will not be accepted I'M
less it is amended az to prices 'sThe
Investment ia still risk" said one of the direct
ora "bnt We hope shortly TO be in position to
settle definitely that question. We can tell
when the pipe line Ia completed to the city but
success ID SO far certain that the company has
no hesitsney in going further in its immediate
investments. TIE question OF increasing the
capital stock Of the company from $500 900 to
81, O0e. 900 is being looked over. Indeed. it is
about decided to take that step, and to follow it
by an enlargement OF operations"
And tho enlargement of operations means
whatss was asked.
They will apply principally to the plant
in what respect duplicating the trunkg"
Not necessarily so. but in other directions.
The total investmens, including the piping of the
city entire will call for an expenditureof 81 $780,.
900. and this tbs Company is looking forward to
as the ultimate cost of the plant when it is COM
pieted. You can infer from this what the ex-
tended operations in the near future are likey
to be-
The probabilities are that Indian apolis will
not only have natural gas burning within
nsr limits By the LIST Of February. but . large
force Of men adding to the fifteen miles Of maius
Ya4 VII s, he :e g. H.
company that lie in position to do this work is
proceeding. its directors say, upon the business
principle that they have d product for a market
that lies IN this city alone. and they want to
reach It as eoon possible after proving the
strength o. supply and the experiment o pinin z
ures that enter into this experiment. is the
dniforn velocity with which the gas be
carried that distance. The test in this respect
VIII be as simple as tossing ball rubber
pail viii DO placed in the pipe at Noblesville,
and then the gas will be turned with the
quired pressure. With force of gas behind it
reach the Indianapolis end of the line in six min
loeisy will be, satisfactory. But to reach
hftv 20. nds pressure as the well mus. be at
tanned IN from thirty to fifty seconds after the
gas is turned on. These conditions simple,
but those who have studied natural gas say that
only frst-class wells can fulfill them. But an
other element is to be considered. The contract
the Standard and Guffey people bave with the
indianspolis company, covers the drill
of hrst-class wells to the second and third class
is the same as that existing to the completed
wells, IL is judged that the supply will be sufh-
Gent TO meet the tests required In that event
the ordinance rates will DO accepted. II the
tests are not fulfilled the company will stay out
or the city until the conditions are more favora-
Bile
When the leasing OF lands began in the No
blesviie district the expense in this direction was
comparatively small To what IL is now. Farmers
we're ready to let their land bs used at the rate
$50 Dor well, but the demand increased up
jumped the nrice, until territory is now hard to
obtain at $3.50 per WE'LL That is the opinion OF q
gentleman who has had experience and who beat
the brush OF Hamilton county for lessons all
last summer. He thinks that when the Con-
suaners' Trust commences TO negotiate with
farmers IL will require wealth of patience to
come TO anything like liberal agreement, for
gas lands are not to bs had for the asking.
The Consumers Trust received impetus
to the outcome. While not altogether discour-
aging the first official statements did not reach
expectations, and the directors in exchanging
views for the fret time began to consider ssri-
ouslv she probability Of failure. But William
ID Engisa's subscription for So 900 had the ef-
feet TO spur few canvassers to do
wors DR.. Joseph Haas. took -.tssrsy-
shares OF stock. but the best stoving Of
the day anne IN the subscription Of Kingau &
Co. through their manager, jim shaw Sew
erai snoieersm: passed eetz4sn that eentlsman
matter was -ff6alfy left to Mr.. Shaws
ciscretlops witch ended in his subscribing last
nlen.fo $4,000 worth of the stock Except
<aie English subscription this is the only consid-
srabe amount received during the day. In av-
eraee subscriptions, though, enough was re-
:sived to make S.. 900 more. so the showing on
which TO begin to-uay's work is $3.50, o00 IL 10
believed that the books from which no reports
have heen heard will give at least SIC. 600 more,
so about $40. 600 remains to be raised. Colonel
Lilly would like to have canvsssers understand
their books tonight by 8 o'clock. I'VE
want then,F he said, '6lled. partially filed, or
without any subscriptions whatever Saturday
will be the last day for general canvassing.
That is to he stopped, for we alrnos. certain
ths remainder of the subscriptions required can
Do secured by special efforts. Saturday night
will practically end ths battle. l believe the
hardest work has been done. and if the promises
Of many 10 Increase their subscriptions on the
last stretch are fulfilled we will have the amount
needed before another week goes by. The
books we desire to have particularly are those
left with the ward committees. In many cases
We do not have the names of the cauvassers, and
1t is impossible to tell what they have been do
ing unless they report, for we cannot hunt them
op unless the secretaries of the ward meetings
come to our help and give the names of all WHO
ave been canvassirg.
John Ell. Holiday, account OF his news
paper connection. declined to serve one
Of the trusts directors. but he was persuaded to
remain the hoard until the greater part of
the canyassing had been CONNECTED His going
off the board at the outset would have caused,
another days delay, but yesterday the trustees
named Hugh H. Hanna. president of the Atlas
sngine-works, for Mr.. Holidays place. Mr.
anna is a subscriber to 400 shares The trust
nas made application for tns right-of-way
shrou Oh the county. So have the Broad Ripple
and Capital City companies
Last evening meeting in the interest Of the
trust was held 10 Haugbville. where considsra-
Die interest was manifested Tomorrow after
loon the knights Of Labor will give their as \
distance to the movement by taking subscrip-
ions meeting TO be held at No. lis East
~ Washington street